Universal Health Services, Inc. Class B (UHS) Shares Sold by Redmile Group LLC

Redmile Group LLC lowered its position in shares of Universal Health Services, Inc. Class B (NYSE:UHS) by 68.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,500 shares of the health services provider’s stock after selling 149,600 shares during the period. Redmile Group LLC owned about 0.07% of Universal Health Services, Inc. Class B worth $7,993,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Parametrica Management Ltd acquired a new position in Universal Health Services, Inc. Class B in the 1st quarter valued at about $201,000. NuWave Investment Management LLC acquired a new position in Universal Health Services, Inc. Class B in the 1st quarter valued at about $205,000. Commerce Bank acquired a new position in Universal Health Services, Inc. Class B in the 1st quarter valued at about $208,000. AllSquare Wealth Management LLC increased its position in Universal Health Services, Inc. Class B by 238.2% in the 1st quarter. AllSquare Wealth Management LLC now owns 1,772 shares of the health services provider’s stock valued at $210,000 after acquiring an additional 1,248 shares during the period. Finally, Wetherby Asset Management Inc. acquired a new position in Universal Health Services, Inc. Class B in the 1st quarter valued at about $213,000. Institutional investors and hedge funds own 85.19% of the company’s stock.

NYSE UHS opened at $115.18 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.11 and a current ratio of 1.19. Universal Health Services, Inc. Class B has a 12-month low of $95.26 and a 12-month high of $128.15. The company has a market cap of $11.02 billion, a price-to-earnings ratio of 15.30, a price-to-earnings-growth ratio of 1.12 and a beta of 0.83.

Universal Health Services, Inc. Class B (NYSE:UHS) last released its earnings results on Wednesday, April 25th. The health services provider reported $2.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.59 by ($0.14). Universal Health Services, Inc. Class B had a return on equity of 15.24% and a net margin of 7.34%. The business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same quarter in the previous year, the firm posted $2.10 EPS. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. equities research analysts forecast that Universal Health Services, Inc. Class B will post 9.39 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, June 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.35%. The ex-dividend date is Thursday, May 31st. Universal Health Services, Inc. Class B’s payout ratio is 5.31%.

Several equities analysts recently issued reports on the company. Deutsche Bank boosted their price target on Universal Health Services, Inc. Class B from $132.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, March 6th. Robert W. Baird restated a “buy” rating and issued a $140.00 price target (up previously from $122.00) on shares of Universal Health Services, Inc. Class B in a research report on Tuesday, March 6th. Credit Suisse Group restated an “outperform” rating and issued a $140.00 price target (up previously from $135.00) on shares of Universal Health Services, Inc. Class B in a research report on Monday, March 5th. They noted that the move was a valuation call. Royal Bank of Canada restated a “buy” rating and issued a $136.00 price target on shares of Universal Health Services, Inc. Class B in a research report on Friday, March 2nd. Finally, Morgan Stanley restated an “equal weight” rating and issued a $124.00 price target (up previously from $122.00) on shares of Universal Health Services, Inc. Class B in a research report on Friday, March 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. Universal Health Services, Inc. Class B has an average rating of “Buy” and a consensus price target of $133.13.

Universal Health Services, Inc. Class B Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services, Inc. Class B (NYSE:UHS)

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